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Peter Schiff: The Taper That Wasn’t

“The Fed’s failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our current economy. The Fed understands, as the market seems not to, that the current ‘recovery’ could not survive without continuation of massive monetary stimulus. Mainstream economists have mistaken the symptoms of the Fed’s monetary expansion, most notably rising stock and real estate prices, as signs of real and sustainable growth. But the current asset price bubbles have nothing to do with the real economy.” Continue reading →

Florida Official: “Abandon Jesus if You Want to Feed the Poor.”

“The Department of Agriculture goes to a lot of trouble getting Congress to tax Americans. This is necessary so that the USDA can buy food from farmers at above-market prices. This reduces the amount of affordable food available to the poor. The USDA gives it away to state agencies. These agencies then give it away to charitable groups. They in turn give food to the hungry. One non-profit outfit in Florida has given away free food for 31 years. But not any longer. It turns out that this group — Christian — mentions Jesus to the poor people it ministers to. It took 31 years for some low-level government bureaucrat to put two and two together. ‘What’s this? They talk about Jesus? Well, that’s got to stop.'” Continue reading →

Short Video: Canadian Wait Times for Surgery; America’s Future

“For details, see this video by a Canadian physician who moved to the United States.” Continue reading →

Man gets drunk randomly because his own body brews beer from carbs

“A Texas man who was struggling with episodes of sudden and unexplained drunkenness was found to have alcohol-producing microbes in his gut, which were busily making beer. Health care workers were baffled. Initially they assumed that the man was being dishonest and was drinking on the sly. They checked the patient in to a hospital room for 24 hours and made absolutely sure that he had not smuggled in any alcohol. They fed him foods rich in carbohydrates. Sure enough, his blood alcohol content began to spike on its own. The man, who was an avid home brewer, had an abundance of brewer’s yeast in his gut, making his intestines act as their own small brewery.” Continue reading →

Deaf man claims police laughed at him, denied interpreter during arrest

“A deaf Oregon man has filed a lawsuit claiming that police violated his civil rights when they laughed at his request for a sign language interpreter during his arrest. According to the site, Updike used sign language to ask officers what he’d done to result in his arrest, and he also tried to speak the words, ‘What did I do?’ The suit claims officers pushed him roughly into a patrol car and laughed at him. An interpreter was assigned when Updike appeared again two days after his arrest. He was released from jail, and all charges were dropped against Updike eight days after his arrest.” Continue reading →

NSA Efforts Damaged U.S. Cryptography Standard

“The fix may not be all that difficult—the tainted part of the standard is a highly inefficient algorithm that security experts identified as a problem long ago. In fact, the biggest mystery, those experts say, is why the NSA thought any company or government agency would willingly use that particular algorithm to protect their data. Despite Dual_EC_DRBG’s known flaws, prominent tech companies including Microsoft, Cisco, Symantec and RSA include the algorithm in their product’s cryptographic libraries primarily because they need it to be eligible for government contracts, cryptographer Bruce Schneier says.” Continue reading →

China’s beverage billionaire Zong Qinghou victim of knife attack

“Multi-billionaire Zong Qinghou, China’s second richest man, was attacked and injured by a would-be job applicant wielding a knife, official media said Wednesday. Zong, China’s richest man until he was dethroned last week, is chairman of the country’s leading beverage producer Wahaha Group. Forbes magazine estimates his personal wealth at $11 billion, second only to Wang Jianlin, head of conglomerate Wanda Group, on $14 billion. Zong started his business in 1987 on a tricycle selling soft drinks and ice cream and built Wahaha into one of the top 500 private firms in China, according to the company’s website.” Continue reading →

Starbucks CEO: ‘Guns are not a part of the Starbucks experience’

“In an open letter released today, Starbucks CEO Howard Schultz said that Starbucks will now ‘respectfully request’ that gun owners not bring their guns into Starbucks, even in states where ‘open’ or ‘concealed carry’ is permitted. ‘We’re not pro-gun or anti-gun,’ he told Bloomberg Businessweek, but he wanted to stop events like Starbucks Appreciation Day, in which those legally permitted to carry firearms were encouraged to patronize Starbucks while brandishing firearms.” Continue reading →